<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Capital Account on Ken Doan</title><link>https://kendoan.com/en/tags/capital-account/</link><description>Recent content in Capital Account on Ken Doan</description><generator>Hugo -- gohugo.io</generator><language>en-GB</language><copyright>© 2026 Ken Doan</copyright><lastBuildDate>Wed, 16 Sep 2026 00:00:00 +0000</lastBuildDate><atom:link href="https://kendoan.com/en/tags/capital-account/index.xml" rel="self" type="application/rss+xml"/><item><title>Circular 38/2026/TT-NHNN in force from 18 August 2026</title><link>https://kendoan.com/en/updates/circular-38-2026-in-force/</link><pubDate>Wed, 16 Sep 2026 00:00:00 +0000</pubDate><guid>https://kendoan.com/en/updates/circular-38-2026-in-force/</guid><description>&lt;p&gt;The State Bank of Vietnam issued Circular 38/2026/TT-NHNN on 31 July 2026. It&#10;took effect on 18 August 2026.&lt;/p&gt;&#10;&lt;p&gt;It replaces Circular 06/2019/TT-NHNN, which had governed foreign exchange for&#10;foreign direct investment since 2019, and it amends Circular 03/2025/TT-NHNN on&#10;the Vietnamese-dong accounts used for foreign indirect investment.&lt;/p&gt;</description></item><item><title>What Circular 38/2026 changed, and what an operating company has to do about it</title><link>https://kendoan.com/en/vietnam-fx/capital-account/circular-38-2026-vs-06-2019/</link><pubDate>Wed, 16 Sep 2026 00:00:00 +0000</pubDate><guid>https://kendoan.com/en/vietnam-fx/capital-account/circular-38-2026-vs-06-2019/</guid><description>&lt;div&#10; &#10; class="flex px-4 py-3 rounded-md shadow bg-primary-100 dark:bg-primary-900"&#10; &#10; &gt;&#10; &lt;span&#10; &#10; class="text-primary-400 pe-3 flex items-center"&#10; &#10; &gt;&#10; &lt;span class="relative block icon"&gt;&lt;svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"&gt;&lt;path fill="currentColor" d="M506.3 417l-213.3-364c-16.33-28-57.54-28-73.98 0l-213.2 364C-10.59 444.9 9.849 480 42.74 480h426.6C502.1 480 522.6 445 506.3 417zM232 168c0-13.25 10.75-24 24-24S280 154.8 280 168v128c0 13.25-10.75 24-23.1 24S232 309.3 232 296V168zM256 416c-17.36 0-31.44-14.08-31.44-31.44c0-17.36 14.07-31.44 31.44-31.44s31.44 14.08 31.44 31.44C287.4 401.9 273.4 416 256 416z"/&gt;&lt;/svg&gt;&#10;&lt;/span&gt;&#10; &lt;/span&gt;&#10;&#10; &lt;span&#10; &#10; class="dark:text-neutral-300"&#10; &#10; &gt;&lt;strong&gt;Draft — not yet checked against the instrument.&lt;/strong&gt; This article has been&#10;drafted from published legal commentary on Circular 38/2026/TT-NHNN, not from&#10;the text of the circular itself. Article numbers and the detail of each change&#10;still have to be verified against the official Vietnamese text. Do not act on&#10;it yet.&lt;/span&gt;&#10;&lt;/div&gt;&#10;&#10;&lt;p class="kd-stamp"&gt;&#10; &lt;span class="kd-stamp-label"&gt;Legal position as at&lt;/span&gt;&#10; &lt;span class="kd-stamp-date"&gt;16 September 2026&lt;/span&gt;&#10;&lt;/p&gt;</description></item></channel></rss>